🧐 Tether reported record profits of $5.2 billion in the first half of 2024.

▪️Their holdings of US Treasuries have now surpassed Germany's.
▪️ Tether plans to use these profits to increase its reserves and buy even more Bitcoin.
▪️ Additionally, in an effort to become more transparent, the company plans to begin publishing real-time data on its reserves in 2024.

🧐 Tether reported record profits of $5.2 billion in the first half of 2024.

▪️Their holdings of US Treasuries have now surpassed Germany's.
▪️ Tether plans to use these profits to increase its reserves and buy even more Bitcoin.
▪️ Additionally, in an effort to become more transparent, the company plans to begin publishing real-time data on its reserves in 2024.
https://tether.io/news/tether-q2-2024-attestation-reports-record-breaking-5-2-billion-profit-in-first-half-of-2024-highest-treasury-bill-ownership-ever-largest-ever-group-consolidated-equity-at-almost-12-billion/

Great news from Tether! Their profits are soaring, surpassing Germany's Treasury holdings. Exciting plans to boost reserves and acquire more Bitcoin are in motion. Looking forward to increased transparency with real-time reserve data coming in 2024.